othello
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Horizon Air Partners with Frontier Airlines for Frontier JetExpress Regional Jet Service
9/18/2003 8:08 a.m.
Horizon Air announced today it has signed a 12-year agreement with Denver-based Frontier Airlines to operate regional jet service as Frontier JetExpress, effective Jan. 1, 2004.
Under the 12-year agreement, Horizon will initially operate four 70-seat Bombardier CRJ-700 aircraft as Frontier JetExpress beginning Jan. 1, 2004, and will eventually operate nine CRJ-700s as Frontier JetExpress by May 30, 2004. Horizon will employ a combination of new aircraft deliveries and an optimization of their current flight schedules to provide the aircraft for the new service.
Horizon replaces Frontier's current regional jet operator, Mesa Airlines, whose agreement with Frontier expires Dec. 31, 2003. The Frontier JetExpress routes currently operated from Denver by Mesa include Albuquerque, Austin, Boise, Oklahoma City, Ontario, San Jose, Tucson, and Wichita. The routes and schedules of Horizon's Frontier JetExpress flights have not been finalized.
"We're excited to be entering this new line of business and pleased to be working with a quality partner like Frontier," said Jeff Pinneo, Horizon Air president and CEO. "Horizon is committed to providing our new customers at Frontier the same high level of reliability and service that our customers in the Northwest have come to expect from Horizon."
Under the agreement, Frontier will pay Horizon a base margin and performance-based incentives to operate flights as Frontier JetExpress. Frontier will maintain control of scheduling and destinations. Horizon's crews -- pilots and flight attendants -- will fly the aircraft, which will be painted in Frontier JetExpress livery, and Horizon's mechanics will provide maintenance on them. Horizon expects to eventually base about 100 pilots, 100 flight attendants and 30 maintenance personnel in Denver for their Frontier JetExpress operation. Frontier employees will perform airport customer service operations and take reservations for the Horizon Frontier JetExpress flights.
"Our regional jet service has provided extra depth to our business strategy, and we are excited at the opportunity to partner with a top quality airline like Horizon Air," said Frontier president and CEO Jeff Potter. "Horizon's commitment to customer service matches our philosophy, and we look forward to a successful partnership that will allow us to bring Frontier's affordable fares to more communities."
Founded 22 years ago, Horizon Air has grown to become the nation's eighth largest regional airline, serving nearly 5 million passengers last year. Horizon serves 43 cities throughout Idaho, California, Oregon, Washington, Montana, Arizona, British Columbia and Alberta. Horizon Air and Alaska Airlines are subsidiaries of Alaska Air Group, Inc. (NYSE: ALK).
Currently in its tenth year of operations, Denver-based Frontier Airlines (Nasdaq: FRNT) is the second largest jet service carrier at Denver International Airport with a fleet of 38 aircraft. Frontier and its affiliate Frontier JetExpress currently serve 40 U.S. cities with 200 daily flights.
9/18/2003 8:08 a.m.
Horizon Air announced today it has signed a 12-year agreement with Denver-based Frontier Airlines to operate regional jet service as Frontier JetExpress, effective Jan. 1, 2004.
Under the 12-year agreement, Horizon will initially operate four 70-seat Bombardier CRJ-700 aircraft as Frontier JetExpress beginning Jan. 1, 2004, and will eventually operate nine CRJ-700s as Frontier JetExpress by May 30, 2004. Horizon will employ a combination of new aircraft deliveries and an optimization of their current flight schedules to provide the aircraft for the new service.
Horizon replaces Frontier's current regional jet operator, Mesa Airlines, whose agreement with Frontier expires Dec. 31, 2003. The Frontier JetExpress routes currently operated from Denver by Mesa include Albuquerque, Austin, Boise, Oklahoma City, Ontario, San Jose, Tucson, and Wichita. The routes and schedules of Horizon's Frontier JetExpress flights have not been finalized.
"We're excited to be entering this new line of business and pleased to be working with a quality partner like Frontier," said Jeff Pinneo, Horizon Air president and CEO. "Horizon is committed to providing our new customers at Frontier the same high level of reliability and service that our customers in the Northwest have come to expect from Horizon."
Under the agreement, Frontier will pay Horizon a base margin and performance-based incentives to operate flights as Frontier JetExpress. Frontier will maintain control of scheduling and destinations. Horizon's crews -- pilots and flight attendants -- will fly the aircraft, which will be painted in Frontier JetExpress livery, and Horizon's mechanics will provide maintenance on them. Horizon expects to eventually base about 100 pilots, 100 flight attendants and 30 maintenance personnel in Denver for their Frontier JetExpress operation. Frontier employees will perform airport customer service operations and take reservations for the Horizon Frontier JetExpress flights.
"Our regional jet service has provided extra depth to our business strategy, and we are excited at the opportunity to partner with a top quality airline like Horizon Air," said Frontier president and CEO Jeff Potter. "Horizon's commitment to customer service matches our philosophy, and we look forward to a successful partnership that will allow us to bring Frontier's affordable fares to more communities."
Founded 22 years ago, Horizon Air has grown to become the nation's eighth largest regional airline, serving nearly 5 million passengers last year. Horizon serves 43 cities throughout Idaho, California, Oregon, Washington, Montana, Arizona, British Columbia and Alberta. Horizon Air and Alaska Airlines are subsidiaries of Alaska Air Group, Inc. (NYSE: ALK).
Currently in its tenth year of operations, Denver-based Frontier Airlines (Nasdaq: FRNT) is the second largest jet service carrier at Denver International Airport with a fleet of 38 aircraft. Frontier and its affiliate Frontier JetExpress currently serve 40 U.S. cities with 200 daily flights.